Share Capital and Shares

The current registered capital of the Company is EUR 2 500,00 and the share capital was not paid up to the day of preparing this Whitepaper.

Pursuant to the provisions of Estonian law the Company has no obligation to pay the share capital in full at the time of incorporation. The share capital will be paid in the period of 10 years after the incorporation, not later than on the dividend day. The share capital is divided into 2 500,00 ordinary shares of the Company (the Shares) with the nominal value of 1 EUR.

The Shares are governed by the laws of the Republic of Estonia.

The Shares are freely transferable.

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